Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation Plan (Tables)

v3.22.2.2
Stock-Based Compensation Plan (Tables)
9 Months Ended
Sep. 30, 2022
Schedule Of Share Based Payment Award Restricted Stock Valuation Assumptions

March 4, 2022

Number issued

700

Market condition vesting requirement

$50.00 stock price target

Price on date of grant (per share)

$21.83

Dividend yield

0.46%

Expected volatility

41.0%

Risk-free interest rate

1.74%

Weighted average fair value (per share)

$15.37

Stock Options [Member]  
Schedule Of Valuation Assumptions Used In Computing Fair Value Of Stock-Based Awards

Number of options

430

10

Option vesting period

1 - 3 Years

Immediate

Grant price (per share)

$18.67 - $27.65

$21.83

Dividend yield

0.36% - 0.54%

0.46%

Expected volatility (a)

38.6% - 40.9%

39.4%

Risk-free interest rate

1.46% - 3.38%

1.66%

Expected life (years) (b)

5.31 - 6.01

5.50

Weighted average fair value (per share)

$7.82 - $10.41

$8.03

(a)Expected volatility is based upon the Company’s historical volatility.

(b)The expected term was determined based upon the underlying terms of the awards and the category and employment history of employee award recipient.